MMJ Business Daily

09 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Some Illinois Cannabis Cultivators Still Seeking Financing

Several Illinois companies that were awarded licenses to operate grow sites are still seeking millions of dollars in financing to stay afloat and build their facilities, sparking concerns that the state didn’t vet the financial strength of applicants closely enough. Some companies need more money than expected due to delays in the licensing process – […]

Some Illinois Cannabis Cultivators Still Seeking Financing is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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09 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Chart of the Week: Average Build-Out Costs for Dispensaries, Grows in Western MMJ Markets

By Marijuana Business Media staff Congratulations, you’ve gotten permission to run a medical marijuana dispensary or grow facility on a piece of commercial real estate. Now, be prepared to fork over nearly $40,000 on average in Western MMJ states for dispensary build-out costs covered by building permits, and nearly triple Read MoreChart of the Week: […]

Chart of the Week: Average Build-Out Costs for Dispensaries, Grows in Western MMJ Markets is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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06 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

FDA Warns CBD Companies About Medicinal Claims

Although plenty of businesspeople in the cannabis community regard various properties of the plant as effective medicine for a number of ailments, the U.S. Food and Drug Administration doesn’t necessarily agree. The agency recently sent seven strictly-worded warning letters to companies across the country that peddle CBD-based products, telling all that they need to quit […]

FDA Warns CBD Companies About Medicinal Claims is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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06 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Oregon Cities, Counties Seek Right to Tax Marijuana

Oregon municipalities could sue the state for the right to set their own taxes on marijuana sales, according to lawyers for some cities and counties. The state’s recreational cannabis law – passed in November by voters – says municipalities can’t impose their own taxes, and that retail shops can only be banned if enough signatures […]

Oregon Cities, Counties Seek Right to Tax Marijuana is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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06 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

WA Town Set to Open First City-Owned Rec Shop

While some municipalities in Washington State are banning recreational marijuana shops, one town is set to open the first city-owned marijuana store in the U.S. and possibly the world. North Bonneville, Washington – located 39 miles northeast of Portland – plans to open The Cannabis Corner in an old barn on the city’s edge, according […]

WA Town Set to Open First City-Owned Rec Shop is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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06 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Rhode Island Starts on Path to Recreational Cannabis

Rhode Island is seen as a leading candidate to legalize recreational cannabis this year, and now state lawmakers finally have a pair of bills to consider. A pair of Democratic legislators are sponsoring two identical measures (one in the Senate, one in the House) to tax and regulate marijuana like alcohol, which would pave the […]

Rhode Island Starts on Path to Recreational Cannabis is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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06 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Week in Review: Controversial MJ Plan in Ohio, New CO Rec Lawsuit + Questions Over Florida CBD Regs

By John Schroyer A proposed legalization measure in Ohio stirs up controversy among entrepreneurs and advocates, a fourth lawsuit targets Colorado’s recreational marijuana industry, and Florida’s CBD program suffers another setback. Here’s a closer look at several notable developments in the cannabis industry over the past week. Read MoreWeek in Review: Controversial MJ Plan in […]

Week in Review: Controversial MJ Plan in Ohio, New CO Rec Lawsuit + Questions Over Florida CBD Regs is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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05 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

News of Surna Exec’s Departure Triggers Stock Slide

Shares of Surna Inc. have dipped since the company announced that its high-profile CEO Tom Bollich will step down, continuing a longer stock slide that began a year ago. The cannabis cultivation technology firm said last week that Bollich will depart April 14 as the company moves from a startup to a more mature operation. […]

News of Surna Exec’s Departure Triggers Stock Slide is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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05 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

More Delays for Uruguay’s Marijuana Industry

The first country to legalize marijuana on a national scale is dragging its heels, and the country’s new president announced this week that he isn’t ready to sign off on commercial sales just yet. Uruguay legalized recreational marijuana in December 2013, and started creating an infrastructure for the sale of cannabis to residents via pharmacies. […]

More Delays for Uruguay’s Marijuana Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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05 Mar 2015
Posted by Mary Jane
Category MMJ Business Daily

Professor Projects Next 5 States to Legalize Rec

California, Illinois, New York, Nevada and Vermont could become the next states to legalize recreational marijuana, according to a Kansas University professor who has studied the history of cannabis. Barney Warf, a professor of geography at KU, said his prediction is based on current laws, voter leanings and the fact that all five states already […]

Professor Projects Next 5 States to Legalize Rec is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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